Citic Debt/Equity Ratio 2010-2023 | CTPCY
- Citic average debt/equity ratio for 2022 was 1.22, a 15.28% decline from 2021.
- Citic average debt/equity ratio for 2021 was 1.44, a 9.92% decline from 2020.
- Citic average debt/equity ratio for 2020 was 1.31, a 9.03% increase from 2019.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.